SYR syrah resources limited

General Discussion, page-2446

  1. 35 Posts.
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    It looks like Syrah is not being completely honest with us. Apparently there are obvious problems with Tesla. That's why we don't hear anything anymore... but read for yourself

    "Meanwhile, despite the US government and some firms' push for production of graphite in the US from the US government and certain firms, some EV makers, including Tesla, have struggled to find reliable sources of graphite outside of China and have applied for exemptions from the current 25-percent tariff, according to the Bloomberg report. In an application for the US Trade Representative's office, Tesla said "there is no single manufacturer outside of China that currently meets Tesla's specifications and additional capacity requirements.""Any additional tariffs on Chinese graphite will increase costs for production of batteries and EVs, which will in turn increase prices for US consumers," Zhang Xiang, chief energy storage expert at Jiangsu Gufeng Electric Power Technology Co, told the Global Times on Thursday. "Graphite producers in the US are aiming to take advantage of the US' containment strategy against China to bolster their business. But this would be a lose-lose move."

    Source: https://www.globaltimes.cn/page/202412/1325410.shtml
 
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